Sunday, June 17, 2007

Crossbeam Systems, a start-up offering enterprise- and carrier-class Unified Threat Management (UTM) solutions, named Pete Fiore as its new president and CEO, replacing Peter George, who led the company since 2001.

Fiore joins Crossbeam from IBM where he was a member of the company's extended senior leadership team. While at IBM, Fiore led the integration of Ascential Software Corporation into IBM and established a new business segment, generating more than $500 million in annual revenue. Previously, he served as president of Ascential Software, where he led the company through its transition to an independent public company with nearly $300 million in annual revenue and an eventual $1.1 billion acquisition by IBM.